Islamabad: Finance Minister Muhammad Aurangzeb has identified the minerals and mining sector as a significant opportunity for Pakistan’s economic enhancement. The sector is seen as capable of increasing exports, attracting foreign investments, and promoting sustainable economic growth.

According to Radio Pakistan, Aurangzeb shared these insights during his address at the Pakistan Minerals Investment Forum held in Islamabad. He stated that the sector presents beneficial prospects for both local and international investors, alongside the government.

The Minister pointed to improvements in Pakistan’s macroeconomic indicators, noting a reduction in the twin deficit to 2.6 percent of GDP and an increase in foreign exchange reserves to a historic 21.5 billion dollars. He emphasized that the government is implementing structural reforms, maintaining fiscal discipline, and focusing on export-led growth to ensure long-term economic stability.

Aurangzeb highlighted a major mining project, which is anticipated to generate 2.8 billion dollars in annual export revenue once operational. This figure represents about ten percent of Pakistan’s current goods exports. He reiterated the Finance Ministry’s dedication to supporting both local and international investors and advancing the development of the minerals sector.